Use Options For a Chance To Buy XEC at a 17% Discount
June 22, 2015 at 11:54 AM EDT
Looking back to 33 days ago, Cimarex Energy Co (XEC) priced a 6,000,000 share secondary stock offering at $109.00 per share. Buyers in that offering made a considerable investment into the company, expecting that their investment would go up over the course of time and based on early trading on Monday, the stock is now 6.5% higher than the offering price..